- Airbus's (OTCPK:EADSF, OTCPK:EADSY) latest order for the A380 superjumbo has stalled amid drawn-out talks involving the engines, possibly imperiling a deal seen as vital for the future of the aircraft, Bloomberg reports.
- The $16B deal for as many as 36 additional A380s is at an impasse as Emirates negotiates with Rolls-Royce (OTCPK:RYCEF, OTCPK:RYCEY) on price and fuel burn on an engine that already has fallen short of performance parameters, and the companies have missed a deadline to select the engines, possibly delaying first delivery in 2020 and even threatening the deal outright, according to the report.
- Emirates, the A380’s only major customer, agreed in January to buy more planes after months of tense negotiations.